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MKB Takes Out Five-Year EUR 200m International Syndicated Loan.
(From Hungarian News Agency (MTI))
Budapest, June 26, 2003 (MTI ECONEWS) - Magyar Kulkereskedelmi Bank Rt (MKB) said it signed a five-year syndicated loan of EUR 200m on Thursday. The consortium of lenders comprise 14 banks from six countries.
MKB will pay an interest rate of 25 basis points over Euribor on the loan.
MKB said it will use the loan to expand its own lending business.
BayernLB Muenchen (Bayerische Landesbank, BLB) was earlier mandated to arrange a medium-term loan of EUR …
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- MKB takes out five-year EUR 200m international syndicated loan.
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